If £1 buys $1.30, then the reciprocal states that $1 buys what?

A) £0.7480
B) £0.7592
C) £0.7692
D) £0.7700


Answer: C
Explanation: C) = £0.7692 per dollar

Business

You might also like to view...

The cash disbursements process uses disbursement vouchers as inputs to update the accounts payable master data

Indicate whether the statement is true or false

Business

Delisa invests office equipment with a fair market value of $70,000, delivery equipment with a fair market value of $89,000, and cash of $54,000 . She owes $68,000, represented by a note on the delivery equipment. If Delisa's office equipment cost $80,000 and has accumulated depreciation of $30,000, the amount at which the asset should be entered on the books of the new partnership would be

a. $50,000. b. $70,000. c. $80,000. d. $89,000.

Business

The direct method of allocating support departments recognizes the interactions among the support departments

Indicate whether the statement is true or false

Business

If a person or corporation goes bankrupt the role of the Trustee in Bankruptcy is to

A) advocate for the creditors owed money B) advocate for the debtor who owes money C) decide what is best course of action to achieve a discharge of debts for the debtor D) administer the property of the bankrupt for the benefit of creditors E) administer the property of the bankrupt for the benefit of the debtor

Business